What is the best advice for a data scientist/analytics professional to earn a higher salary?

What is the best advice for a data scientist/analytics professional to earn a higher salary?

This is taken from my answer: Deepak Shukla’s answer to Should I negotiate my Google offer?

Why not?

Worst case scenario:

  • You’re met with a rebuttal and you keep with the same original offer
  • They aren’t impressed with you negotiating but this is soon forgotten as you start work and impress your peers

Best case scenario:

  • You negotiate RSU’s
  • Bonuses
  • Base compensation

All increase.

How do you do it? (in the favourable order)

  • Present a competing offer (from a comparable company Twitter/Facebook/Apple etc)
  • Present a competing offer (of any kind)
  • Present your current company offer
  • Demonstrate your value in a quantifiable way that should impact your compensation
  • Demonstrate your relative market value (Glassdoor/Payscale etc)
  • Just ask and see what they say

Things to consider

  • The more data driven with data points the better
  • The more confident and self assured you are the better
  • The less demanding you sound the better

I hope this helps!

transcribed from data analytic advice